Family offers $10million Canadian reward for info in death of billionaire and his wife

The family of a murdered Toronto billionaire and his wife are offering a $10 million Canadian dollar ($7.6 million) reward for information that could lead police to their killer.

Drug-company baron Barry Sherman and his wife, Honey, were found hanged from a railing next to their basement pool in their Toronto mansion last December.

Police initially suspected a murder-suicide – something their family strongly disagreed with and the couple’s four adult children hired their own team of investigators.

A second autopsy revealed that both victims had narrow markings on their wrists. It implied that they had been bound at some point but there was no binding at the scene. Barry’s leg were also found to be crossed in front of his body in a way that was too orderly for suicide.

Police said six weeks later the couple was murdered.

Now the family’s lawyer, Brian Greenspan, is arguing Toronto police bungled the case and is offering $10 million Canadian dollars for information leading to the arrest and prosecution of a suspect.  

Lawyer Brian Greenspan said Toronto police haven't properly handled the case of Barry and Honey Sherman (pictured together)

Lawyer Brian Greenspan said Toronto police haven't properly handled the case of Barry and Honey Sherman (pictured together)

Lawyer Brian Greenspan said Toronto police haven’t properly handled the case of Barry and Honey Sherman (pictured together)

 The billionaire's family has set up a tip line and is offering up to 10 million Canadian dollars ($7.6 million) for information leading to the arrest (pictured, the couple's children Jonathon Sherman abd his sister Lauren walk to the stage during a memorial service in Mississauga, Ontario)

 The billionaire's family has set up a tip line and is offering up to 10 million Canadian dollars ($7.6 million) for information leading to the arrest (pictured, the couple's children Jonathon Sherman abd his sister Lauren walk to the stage during a memorial service in Mississauga, Ontario)

 The billionaire’s family has set up a tip line and is offering up to 10 million Canadian dollars ($7.6 million) for information leading to the arrest (pictured, the couple’s children Jonathon Sherman abd his sister Lauren walk to the stage during a memorial service in Mississauga, Ontario)

‘We’re trying to light the fire,’ Greenspan said. ‘To provide new incentive for the members of the public to come forward with information but also to light the fire under the Toronto police service.’

He also said he would like Toronto police to share information with his private investigators.

‘Regrettably it has become clear to them that despite the active pursuit of search warrants and exploring other investigative avenues, police resources have neither been properly managed nor effectively utilized,’ Greenspan said Friday, according to Bloomberg. The police pushed back against that narrative in their own briefing Friday.

Sherman, the founder of generic drugmaker Apotex, and his wife were found dead by their basement pool in their Toronto mansion last December (pictured is their home a month after the murders). Greenspan said they were seated next to each other with ligatures pulled up around their necks and wrapped around a railing

Sherman, the founder of generic drugmaker Apotex, and his wife were found dead by their basement pool in their Toronto mansion last December (pictured is their home a month after the murders). Greenspan said they were seated next to each other with ligatures pulled up around their necks and wrapped around a railing

Sherman, the founder of generic drugmaker Apotex, and his wife were found dead by their basement pool in their Toronto mansion last December (pictured is their home a month after the murders). Greenspan said they were seated next to each other with ligatures pulled up around their necks and wrapped around a railing

Greenspan said Toronto police made a litany of mistakes. ‘They failed to recognize the suspicious and staged manner in which their bodies were situated,’ Greenspan said.

'We're trying to light the fire,' Lawyer Brian Greenspan said. 'To provide new incentive for the members of the public to come forward with information but also to light the fire under the Toronto police service'

'We're trying to light the fire,' Lawyer Brian Greenspan said. 'To provide new incentive for the members of the public to come forward with information but also to light the fire under the Toronto police service'

‘We’re trying to light the fire,’ Lawyer Brian Greenspan said. ‘To provide new incentive for the members of the public to come forward with information but also to light the fire under the Toronto police service’

The day after, some media outlets quoted unidentified police officials as saying the deaths appeared to be a murder-suicide, which the family believe could have delayed the homicide investigation. 

Greenspan also said police did not properly check points of entry into the mansion or collect enough fingerprint and DNA evidence. 

He also said his team has recovered evidence, including 25 finger and palm prints, that Toronto police missed.

And he said police didn’t vacuum the area where the they were found, noting intruders might have left behind a small sample of hair.

Toronto police chief Mark Saunders later defended his officers and said they did not reach an early conclusion that it was a murder suicide. Saunders said over 50 officers have been involved in the case and the house was searched forensically for over six weeks. He also said over 200 people have been interviewed and said the investigation continues.

‘The investigation was done well and continues to be done well,’ Saunders said.

Saunders said he supports the family’s decision to put up the reward.

Sherman, 75, was known for litigiousness and aggressive businesses practices as he developed Apotex Inc., which has a global workforce of about 11,000. In 'Prescription Games,' a 2001 book about the industry, he mused that a rival might want to kill him

Sherman, 75, was known for litigiousness and aggressive businesses practices as he developed Apotex Inc., which has a global workforce of about 11,000. In 'Prescription Games,' a 2001 book about the industry, he mused that a rival might want to kill him

Sherman, 75, was known for litigiousness and aggressive businesses practices as he developed Apotex Inc., which has a global workforce of about 11,000. In ‘Prescription Games,’ a 2001 book about the industry, he mused that a rival might want to kill him

‘The Sherman family is frustrated,’ he said. ‘We all have the same goals.’

Saunders declined to release details of the investigation, noting he had no doubt the suspects were watching his press conference.

Sherman, 75,  the founder of generic drugmaker Apotex, was known for litigiousness and aggressive businesses practices as he developed Apotex Inc., which has a global workforce of about 11,000. 

In ‘Prescription Games,’ a 2001 book about the industry, he mused that a rival might want to kill him.

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